EOG Resources Beats Q3 2026 Estimates as Revenue Rises 49% to $8.55B

EOG Resources (EOG) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $8.55 billion, up 49% from a year earlier, above the $7.26 billion estimate, and adjusted EPS was $4.87, up 80% from a year earlier, above the $4.47 estimate.

Shares were unchanged in after-hours trading as of 4:08 p.m. ET, to $144.89 from a $144.89 close.

Q3 2026 scorecard

By our calculation, revenue was $1.29 billion above the estimate and adjusted EPS was $0.40 above it. The QoQ column compares with the previous quarter's revenue of $8.62 billion and adjusted EPS of $5.07. The YoY column compares with $5.73 billion and $2.71 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 8 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 3 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $5.73 billion, $5.64 billion, $6.92 billion, $8.62 billion and $8.55 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $4.96 and revenue of $7.52 billion next quarter, based on 16 analysts.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 49% increase to $8.55 billion.
• Estimate record. Whether EOG Resources extends a record of beating EPS estimates in 8 of its last 8 reports.
• Related coverage. See our reports on DraftKings, CBL & Associates Properties, Apple Hospitality REIT and American Healthcare REIT.

Sources: Results are from EOG Resources's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from EOG Resources's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.